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conditions of this Agreement. The City hereby guarantees the continuing ETJ status of 0he <br />remainder of the Property not subject to o hno| recorded o|ot until such time that m final plat is <br />recorded for all orany portion ofsuch remainder ofthe Property. The Parties hereby agree that all <br />applicable regulations and planning authority of the City's LOC may be enforced on the Property, <br />The limitations onthe City's annexation authority shall apply only during the term ofthis Agreement. <br />1.04 Permitted Uses, Project Density and Dimensional and Development Standards <br />Owner envisions the development of the Property as a predominantly single family residenti <br />development with limited nonresidential development, open space, conservation and preservati <br />areas in accordance with the Conceptual Land Use Plan. The existing topography and natu <br />areas on the Property provide for opportunities to develop the Property as a conservati <br />development where pods of smaller lot sizes may be clustered to provide for preservation <br />existing natural features and open space. The Property may be developed as a conservati <br />